Finextra
MAY 7, 2024
Visa is introducing a generative AI tool to assign real time risk scores to transactions in a bid to stop enumeration attacks that use automated scripts and botnets to test for vulnerabilities.
Bank Automation
MAY 7, 2024
Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds. According to Chime’s refund policy, the company is required to issue consumer refunds within 14 days.
Fintech News
MAY 7, 2024
In Q1 2024, fintech venture capital (VC) funding experienced a notable decline, dropping by 16% compared to the previous quarter, new data released by market intelligence platform CB Insights show. The total funding amounted to US$7.3 billion, marking the lowest quarterly level since 2017. Quarterly fintech equity funding and deals, Source: State of Fintech Q1 2024, CB Insights, Apr 2024 The data, presented in the “State of Fintech Q1 2024” report, illustrates the continued downward trajectory i
The Payments Association
MAY 7, 2024
IOSCO's new policy recommendations aim to create a unified global framework for regulating digital assets and cryptocurrencies, enhancing market integrity and investor protection.
Advertisement
Ready to boost your game and stand out in the competitive world of merchant services sales? Discover 6 innovative strategies that will help you rise above the crowd, from leveraging tech trends and perfecting referral programs to harnessing the power of testimonials and pop-up events. Learn how educating clients can turn you into a trusted advisor and uncover the secrets of building community ties that cement your reputation as a market leader.
Basis Theory
MAY 7, 2024
In a world that seems ever more risky - with digital scam artists everywhere you look, and ransomware in seemingly every other news report - making security as impenetrable as possible is at the top of many merchants’ to-do lists. Given that this is a benefit for merchants and consumers alike, this is an admirable intention; but the reality for many security programs, 3D Secure included, is that poor implementation can result in a negative customer experience, potentially reducing the merchant’s
The Payments Association
MAY 7, 2024
With the UK's financial watchdogs set to establish a regulatory regime for stablecoins, payment service providers must brace for stringent new standards in operations, redemptions, audits, and consumer protection.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Payments Dive
MAY 7, 2024
When it comes to bridging the FedNow and RTP networks, officials at the Federal Reserve and The Clearing House have slightly different priorities.
Finextra
MAY 7, 2024
New research from RedCompass Labs, a world leader in payments modernization, has revealed that US banks are failing to meet demand for instant payments.
TechCrunch Fintech
MAY 7, 2024
Daloopa, a startup building AI to extract info from financial reports and investor presentations, has raised cash in a new funding round. © 2024 TechCrunch. All rights reserved. For personal use only.
Fintech News
MAY 7, 2024
Piyush Gupta, CEO of DBS Group Holdings , has sold 75,000 shares of the company, fetching a price of S$35.74 per share, according to recent filings on the Singapore Exchange. Before this transaction, Gupta’s holdings included 2,790,053 ordinary voting shares, equivalent to 0.098% of the company’s total shares. After the sale, his stake decreased to 2,715,053 shares, representing 0.095% of the total voting shares.
Speaker: Jason Cottrell and Brian Walker
Brands used to look for a commerce platform that could do everything. But over time, one vendor was no longer enough to meet a brand’s needs, so they added, and added, and added— and now it's essential that these vendors work well together. That’s composable, and it’s important to get it right. Customers and your board expect you to be in new channels and to adapt quickly to market change.
Payments Dive
MAY 7, 2024
While some earned wage access providers use real-time payments to make distributions to employees, the big payroll services provider ADP doesn’t see employers gravitating to that option.
Fi911
MAY 7, 2024
For businesses, the Terminated Merchant File (TMF) is an unwelcome designation analogous to a “no-fly list” for credit card processing. This blacklist is maintained by Mastercard. Alternatively known as the MATCH List, seeks to safeguard banks from extending acquiring services to high-risk enterprises. In certain circumstances, such as excessive chargebacks, data breaches, fraudulent activities, or violation of regulations, a merchant’s account may be terminated.
Fintech News
MAY 7, 2024
Global payments service provider FIS has launched a new fintech platform named Atelio by FIS. This platform aims to provide essential tools for financial institutions, businesses, and software developers to integrate financial services into their products. Atelio by FIS offers a suite of components that allow for the easy integration of various financial operations such as deposit collection, money transfers, card issuance, invoice sending, and advanced functions like fraud prevention, cash flow
TechCrunch Fintech
MAY 7, 2024
Digital banking startup Mercury is layering software onto its bank accounts, giving its business customers the ability to pay bills, invoice customers and reimburse employees, the company has told TechCrunch exclusively. The additional features puts the company in even more direct competition with the likes of Brex and Ramp, two rival fintechs that have for […] © 2024 TechCrunch.
Speaker: David Nisbet, Everett Zufelt, and Michaela Weber
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.
Fintech News
MAY 7, 2024
Deputy Prime Minister and Minister for Finance, Lawrence Wong, discussed the potential expansion of the Monetary Authority of Singapore’s (MAS) anti-money laundering platform, COSMIC, to non-banking sectors in a recent response to a parliamentary question. COSMIC, which stands for Collaborative Sharing of Money Laundering/Terrorism Financing Information and Cases, is currently utilised by participating banks to enhance the detection and prevention of significant financial crimes through sh
TechCrunch Fintech
MAY 7, 2024
Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. (New day and time, same awesome newsletter!) The big story Digital banking startup […] © 2024 TechCrunch.
Payments Dive
MAY 7, 2024
The test offering provides buy now, pay later financing to a limited number of users of Block’s Cash App debit card for “a small fee.
Fintech Review
MAY 7, 2024
The fintech sector is currently undergoing a significant transformation, with artificial intelligence (AI) and machine learning at the forefront of this change. These technologies are transforming how financial services operate, injecting unprecedented levels of efficiency and innovation. Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more
Advertisement
Maximize success as an independent sales agent with a supportive payment processor partner. This article reveals the challenges agents face with uncooperative processors, like slow responses and lack of support, leading to missed opportunities. Discover how a supportive partnership can transform your success, offering extensive training, marketing materials, and ongoing support.
Finextra
MAY 7, 2024
Watch this webinar on handling straightforward and complex reconciliation with AI-based self-build capabilities on the cloud.
Fintech News
MAY 7, 2024
The Monetary Authority of Singapore (MAS) has intensified its oversight of DBS Bank following repeated disruptions to its online banking and payment services. The regulator is ensuring that DBS addresses these issues effectively, as reported by The Straits Times. Despite ongoing remedial efforts to rectify issues from 2023 disruptions, DBS and POSB’s online services faced another outage on 2 May.
Finextra
MAY 7, 2024
Revolut has rolled out a crypto exchange designed for professional investors, but available on desktop for all UK users with a Revolut retail account.
The Fintech Times
MAY 7, 2024
From AI and blockchain to sustainable investing and digital economies, the second edition of the Du b ai FinTech Summit has put the spotlight on emerging fintech trends and their potential to drive financial progress in the region. The two-day event, organised by Dubai International Financial Centre (DIFC) – the global financial centre in the Middle East, Africa and South Asia region, took place at the Madinat Jumeirah Conference Centre and it was certainly a bustling, tightly-packed affai
Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali
Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.
Finextra
MAY 7, 2024
Emirates NBD's digital offshoot Liv is working with B2B alternative asset solutions provider Ctrl Alt to explore the tokenisation of real-world assets.
Finovate
MAY 7, 2024
FinovateSpring 2024 is only a few weeks away! If you haven’t picked up your ticket, there’s still time to take advantage of early-bird savings if you register by this Friday, May 10. This year’s FinovateSpring arrives at an interesting time for fintech and financial services. For the first time in decades, a new emerging technology – AI – promises to accelerate technological innovation in our space in a way that is truly generational.
Finextra
MAY 7, 2024
Private equity firm Gallant Capital Partners has acquired payments consultancy and testing specialist Fime as well as the UL Solutions payments testing business and merged the two. Financial terms were not disclosed.
Bank Automation
MAY 7, 2024
Payments behemoth Mastercard uses APIs to develop a wider range of products for business clients. The company processes roughly 125 billion transactions annually and managing data flow through APIs makes Mastercard’s operations efficient, Chad Wallace, executive vice president of B2B solutions, tells Bank Automation News on this episode of “The Buzz” podcast.
Advertisement
Explore how integrated payment strategies impact investor and buyer evaluations. Payments are more than a feature — they’re a key to long-term success and market differentiation. They help SaaS companies offer seamless user experiences and efficient operations. Investors and strategic buyers assess these integrated payment strategies as a measure of a company's growth potential and sustainability.
Finextra
MAY 7, 2024
Stronghold, a leader in innovative digital payment solutions, today announced its acquisition of 20022 Labs, a pioneer in advancing the ISO 20022 financial messaging standard.
Bank Automation
MAY 7, 2024
NEW YORK — Tech provider FIS debuted its embedded finance platform, Atelio, in its Investor Day presentation today as its tech leaders discussed growth strategies.
Finextra
MAY 7, 2024
EBA Clearing says its request to pay service is ready for commercial use cases after the completion of a pan-European proof-of-concept involving eight PSPs.
Bank Automation
MAY 7, 2024
Bank Automation News is pleased to announce that the inaugural Bank Automation Summit Europe 2024 will take place Oct. 7-8 in Frankfurt, Germany, at the Hilton Frankfurt.
Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney
Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib
Expert insights. Personalized for you.
129 
Let's personalize your content